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Cloud-native platform for managing exposures and accumulations, supporting reinsurance workflow, event response, regulatory reporting, and scenario testing for insurers and reinsurers.
More about EFFISOFT (now Prima Solutions)
Tools that monitor and manage the accumulation of insurance exposures across geographic areas, business lines, and risk categories to prevent concentration risks.
More Exposure Management Systems
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Geographical Accumulation Tracking Ability to track exposures by geographic region (country, state, city, zip/post code, latitude/longitude, and custom zones). |
WebXL documentation and marketing explicitly state exposure management at various geographical levels, including by country, region, and custom zones. | |
Line of Business Segmentation Supports segregation and analysis of exposures by various insurance business lines (e.g., property, casualty, marine, life). |
Supports multiple lines of business (property, casualty, marine, life); this is a core feature per vendor solution pages. | |
Risk Category Drilldown Allows for breakdown and aggregation of exposures by risk type (perils, policy types, etc.). |
Supports breakdown of accumulations and risk drilldown by peril and policy; cited in core exposure management features. | |
Custom Aggregation Rules Customization of accumulation definitions based on user-defined rules and hierarchies. |
Discusses user-defined rules for accumulation by business/region/cover; supports custom aggregation. | |
Frontier Monitoring System alerts when policies cross user-defined concentration thresholds at any aggregation level. |
Supports frontier/excess monitoring and user-defined alerting when concentration thresholds are reached. | |
Real-Time Data Refresh Rate Frequency at which exposure data is refreshed in the system. |
No information available | |
Maximum Record Capacity The total number of exposure records (e.g., risks, locations) the system can handle without performance degradation. |
No information available | |
Historical Accumulation Analysis Ability to view and compare accumulation over different time periods. |
Historical analysis of accumulation through time is promoted in reporting and analytics modules. | |
Multi-Portfolio Support Ability to monitor exposures across multiple insurance portfolios simultaneously. |
Multi-portfolio support for insurers and reinsurers; one of the system's strengths. | |
Scenario Based Accumulation Capability to simulate accumulation impacts based on event or scenario parameters. |
Scenario testing (including events and parameters) is a promoted capability for risk assessment. | |
Drill-Through Capabilities Ability to navigate from portfolio to location or individual risk details directly. |
Interactive navigation from portfolio view to individual risk details is described in interface description. | |
Exposure Heat Maps Visual overlays of exposure accumulations, typically on maps or charts. |
Surface overlays and heat maps of exposure data available as part of mapping/visual reporting. | |
Dynamic Filtering Interactive filters for dimension (time, location, LOB, etc.) slices on exposures. |
Dynamic filters for region, time, and portfolio reported as default UI features. | |
Alert Threshold Customization Ability for users to set and adjust customized threshold levels for alerts. |
Alert thresholds can be configured by users for exposure breach events. | |
Automated Breach Notifications Automatic notification (email, SMS, dashboard alert) to stakeholders when accumulation thresholds are breached. |
Automatic notifications (email, dashboard alerts) described as standard when thresholds breached. |
Multi-Source Data Integration Support for integrating policy, claims, reinsurance, cat modeling, and third-party data sources. |
Prima WebXL supports integration of third-party, policy, claims, and reinsurance data. | |
API Availability Availability of APIs for inbound and outbound data transfers. |
API integrations for inbound/outbound connections are advertised, including partner systems. | |
Data Validation Built-in data quality and validation checks during import and processing. |
Data validation and quality checks mentioned in implementation/services documentation. | |
Batch Upload Support Allows batch loading/updating of large datasets. |
Handles batch data loads and updates, cited under data import/export capabilities. | |
Data Versioning Maintains different versions of data loaded for auditing and rollback. |
Maintains versioned data loads for auditability and error recovery. | |
Cross-System Reconciliation Ability to reconcile exposure data across systems and highlight discrepancies. |
Reconciliation against external systems and error highlighting are described for data assurance. | |
Mapping Tools Tools to map and transform incoming data fields to standardized system schema. |
System includes mapping tools to match imported data to platform schema. | |
Automatic Geocoding Converts address data into latitude/longitude for spatial analysis. |
Automatic geocoding (address to lat/lon) described in spatial analytics features. | |
Data Encryption Supports encryption of data both at rest and in transit. |
Provides encryption at rest and in transit as a security feature. | |
File Format Compatibility Supports multiple file formats (CSV, Excel, JSON, XML) for data ingestion and export. |
Imports/exports in multiple formats (CSV, Excel, JSON) are standard. | |
Data Retention Period Length of time data is stored and accessible in the system. |
No information available |
Pre-Built Reports Availability of standard reporting templates (e.g., accumulation by region, top 10 accumulations, trends). |
Standard/pre-built reports (e.g. by region, trend) included. | |
Custom Report Designer Tools that enable users to design and build custom reports. |
Users can design custom reports and analytics. | |
Scheduled Reporting Automated generation and distribution of reports based on a predefined schedule. |
Allows scheduled, automatic distribution of reports (per documentation). | |
Ad Hoc Query Capability Users can perform ad hoc queries on exposure data within the system. |
Ad hoc querying supported as standard analytics. | |
Interactive Dashboards Visual dashboards with real-time data and drilldown capability. |
Interactive dashboards with drilldown features available to users. | |
Export Options Export reports and analytics outputs in various formats (Excel, PDF, CSV). |
Offers exports in Excel, PDF, CSV as standard for analytics/reports. | |
Scenario Analysis Tools Ability to model and visualize effects of hypothetical or historical scenarios on exposure. |
Scenario models, including historical and hypothetical, can be run by users. | |
Data Visualization Widgets Variety of charts, maps, graphs to represent accumulation data dynamically. |
Dashboards and widgets for data viz are included (maps, graphs, charts). | |
Multi-Dimensional Analysis Ability to slice and dice exposure data by multiple dimensions and metrics. |
Provides multi-dimensional analysis (time, product, geography, LOB). | |
Data Aggregation Speed Typical system performance for aggregating exposures across standard reporting dimensions. |
No information available |
Cat Model Plug-In Support Direct integration with major third-party catastrophe models (e.g., RMS, AIR, others). |
Integrates with major cat modeling vendors (e.g. RMS, AIR) per solution guide. | |
Exposure Data Export for Modeling Ability to export exposure data in formats usable by catastrophe modeling software. |
Enables exporting exposure data in cat model compatible formats. | |
Return Period Curve Overlay Overlay exposure accumulations with modeled loss exceedance probability curves. |
Return period and exceedance curves overlays possible for event analysis. | |
Scenario Running within Platform Users can run cat model scenarios directly inside the exposure management system. |
Scenario-running within platform is a prominent feature (cat events, testing). | |
Event Footprint Import Ability to import event footprints from modelers and overlay on current exposure data. |
Supports importing and overlaying event footprints from modelers. | |
Event Response Workflow Workflows for rapid accumulation and loss estimation after a major (real-world) catastrophe event. |
Response workflows for real-world events are available for insurers and reinsurers. | |
Probabilistic and Deterministic Event Support Ability to analyze exposure using both cat model types. |
Handles both probabilistic and deterministic cat models for exposure analysis. | |
Model Version Control Support for managing multiple versions/updates of catastrophe models and their outputs. |
Model management/version control for cat models is highlighted in docs. |
Customizable Workspaces Users can personalize dashboards, views, and layouts. |
Users can customize dashboard layouts and views. | |
Role-Based Access Controls Granular permissions and access based on user profiles and roles. |
Granular, policy-based access described. Role-based access control available. | |
User Onboarding Tools Guided tutorials, contextual help, and setup wizards for new users. |
Onboarding modules and contextual help available for new users. | |
Accessibility Compliance Meets accessibility standards (e.g., WCAG 2.1) for users with disabilities. |
No information available | |
Mobile Responsive Design Platform is accessible and usable on mobile and tablet devices. |
Cloud-native, browser-based, mobile and tablet accessible per product sheet. | |
Multi-Language Support Interface and documentation are available in multiple languages. |
No information available | |
Task Automation Users can automate routine exposure management tasks. |
Task automation (e.g., scheduled imports, batch processes) described. | |
Favorites and Shortcuts Quick access to frequently used functions or portfolios. |
Shortcuts and 'favorites' features incorporated in UI for rapid access. | |
Session Timeout Settings Configurable time for user session timeout for security. |
No information available |
User Authentication Options Supports multi-factor authentication, SSO, LDAP integration. |
SSO, MFA, LDAP authentication integration available per implementation documentation. | |
Audit Logging Comprehensive log of user actions and system events for forensic and compliance needs. |
Comprehensive audit/event logging available for compliance and troubleshooting. | |
Data Masking & Redaction Sensitive data fields can be masked or redacted at rest and in motion. |
No information available | |
Granular Access Controls Detailed control over data and action access at the field, record, and report level. |
Granular, field- and action-level controls mentioned as part of user management. | |
GDPR/CCPA Readiness Features and documentation supporting global data privacy regulations compliance. |
GDPR/CCPA readiness documentation available for solution. | |
Penetration Testing Frequency How often system undergoes penetration testing. |
No information available | |
Encryption Standards Level/type of encryption used (e.g., AES-256). |
Specifies adherence to strong encryption standards (e.g., AES-256 at rest and in transit). | |
Incident Response Procedures Documented and automated procedures for handling security incidents. |
Automated procedures for incident response are documented as part of platform operation. | |
Regulatory Audit Trail Provides evidence required for audits by regulators. |
Regulatory audit trails and reporting included for compliance. |
Maximum Concurrent Users The maximum number of users who can reliably use the system simultaneously. |
No information available | |
Data Processing Throughput Rate at which the system processes and updates incoming exposures. |
No information available | |
System Uptime SLA Service level agreement for system availability. |
No information available | |
Response Time for Standard Queries Average system response time for core aggregation or lookup queries. |
No information available | |
Horizontal Scalability Ability to scale system performance by adding hardware resources. |
Cloud-native, container-based architecture supports horizontal scalability. | |
Auto-Scaling System can automatically adjust compute resources based on workload. |
Auto-scaling enabled as part of cloud-native infrastructure (per feature materials). | |
Peak Load Handling System can handle specified peaks in data or user activity without performance loss. |
Expressly supports high load and peak demand processing for large insurance portfolios. |
Treaty Terms Ingestion System can import and model reinsurance treaties, terms, and layers. |
Prima WebXL can ingest treaty terms, including detailed reinsurance layers. | |
Ceded Risk Calculation Calculates the net retained and ceded exposures to reinsurers. |
Provides calculation for ceded/net retained exposures. | |
Retrocession Modeling Supports modeling of further retrocession arrangements on top of primary treaties. |
Retrocession arrangements (further reinsurance on treaties) supported in software. | |
Pro-rata and Excess of Loss Support Handles both proportional and non-proportional reinsurance structures. |
Handles both pro-rata and excess of loss structures. | |
Automated Treaty Application Automatically applies treaty rules across exposures for accumulation scenarios. |
Automates treaty rule application for accumulation scenarios. | |
Treaty Expiry Alerts Notifies users as treaties approach expiration, to avoid coverage gaps. |
Treaty expiry alerts available as a configuration to prevent coverage gaps. | |
Multi-Treaty Layer Support Can model multiple treaties and layers in combination. |
Multiple treaty layers and their interactions can be modeled simultaneously. |
Exposure Review Workflow Structured approval and review processes for new risks or accumulation changes. |
Approval and review workflows described for new risk and accumulation changes. | |
Commenting/Annotation Capabilities Users can comment on, annotate, or flag records and reports for collaboration. |
Annotation and commentary tools in reports and records for collaboration. | |
Task Assignment Assign and track exposure-related tasks among users/teams. |
Task assignment and follow-up workflow features cited in collaboration modules. | |
Notification Center Central feed of alerts, assignments, and reviews. |
Notification center summarizes tasks and alerts for users. | |
Automated Escalation Automatically routes unresolved issues to management after configurable time. |
Automated escalation of unresolved issues to management/reporting layers described. | |
Integration with Messaging Platforms Connects to Slack, Teams, or email for notification and collaboration. |
Supports integration with messaging platforms (email, Teams, Slack) for notifications. | |
Change Tracking Full version history of exposure changes and administrative actions. |
All record changes and admin actions tracked with version history. |
Core Insurance Platform Connectivity Pre-built connections to common policy admin, claims, or billing systems. |
Integrates with core insurance policy, claims, and billing platforms by default. | |
GIS and Mapping Data Feeds Ability to consume external mapping, hazard, and data enrichment feeds. |
GIS, hazard, and mapping data can be integrated through feeds for enrichment. | |
External Event Notification APIs Receives notifications of real-world events (e.g., earthquakes, hurricanes) from third parties. |
Receives third-party event feeds and notifications (e.g., for nat cat events). | |
Regulatory Reporting Integration Automates export in required formats for regulatory reporting. |
Regulatory reporting automation and integration is a core function. | |
Document Management Systems Integrates with enterprise document storage and retrieval platforms. |
Supports integration with enterprise document storage systems. | |
Single Sign-On (SSO) Providers Supports integration with enterprise authentication systems for user login. |
Can integrate with SSO authentication providers. |
Implementation Timeframe Typical time required from project start to go-live. |
No information available | |
Training Materials Availability of comprehensive documentation, training courses, and user guides. |
Training materials (docs, e-learning, user guides) available from vendor. | |
Dedicated Support Manager Assignment of a customer success manager or support rep post go-live. |
Dedicated support manager provided post go-live as part of service. | |
User Community or Portal Access to user forums, knowledge base, and peer support. |
User community, portal, and knowledge base are maintained by vendor. | |
Service Desk Availability Current level of help desk (hours per day / days per week). |
No information available | |
SLAs for Issue Resolution Defined timeframes for system issue troubleshooting and resolution. |
No information available | |
Customizable Onboarding Supports customized onboarding experiences for different clients/teams. |
Supports custom onboarding paths for different organizational teams. |
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